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20121201
20121201
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Search Results 0 to 19 of about 20 (some duplicates have been removed)
PBS
Nov 30, 2012 6:30pm PST
greece from bankruptcy. >> with more and more shoppers seeking out handcrafted and traditional gifts, germany's famous christmas markets struggled to keep up with the demand. tens of thousands of egyptians are out protesting against president morsi at this hour after an islamist-led assembly raced through the approval of a new constitution, a move to end the crisis. >> the document is based on sharia law. critics say it ignores fundamental democratic principles and marginalizes the nation's large christian populations. it has set the stage for conflict in a more increasingly divided nation. >> opponents of the president are outraged at the document adopted by the assembly. protesters are maintaining a vigil, and demonstrations are growing. critics warn that egypt is fast becoming an islamic state. >> hosni mubarak never divided the egyptian people. now, there is president morsi, and we do not know if he is the president of egypt or the president of the muslim brotherhood. >> islamists who dominate the assembly have already answered that question -- the body signed off on all 23
PBS
Nov 30, 2012 4:30pm PST
too. >> susie: greece is one step closer to getting $57 billion in bailout loans. german lawmakers approved the deal reached earlier this week. greece agreed to measures that will drastically reduce its debt over the next seven years. european stock markets and the euro rose on the news. here on wall street, tom, a neutral day on most people here, investors here feeling anxious over the gridlock on the fiscal cliff. the last day of trading for november kind of wimped out. >> tom: yeah, not a lot of price action. lots of volume, though, to end the month, lots of trading volume, but not a lot of price movement here. let's go ahead and take a look at the market focus with the major indices this friday. the major stock indices ended essentlly changed today even with the rhetoric out of washington. the s&p 500 spent most of the session in the red after the disappointing drop in consumer spending. the index finished with a fractional gain. trading volume spiked at the end of the month. 1.2 billion shares on the big board. just under 2.2 billion on the nasdaq. two traditional dividend-pay
CSPAN
Dec 1, 2012 12:00pm EST
be in worse shape than greece but when you take germany and everybody else and put them in one community we are in worse shape than they are and we get the benefit of the doubt. we are the safe haven and people think that everything is okay because they know that we aren't going to defend because you can print money. when they realize printing is worse than defaulting because the potential for the loss is even greater then we are going to see a big spike in the interest rates and that is when we have our crisis because either the fed allows the rates to go up, and who knows how high they might have to go. let's say 10 percent in order to stop the implosion of the dollar and put an end to inflation. if we have a $20 trillion national debt when that happens that would require us to shell out $2 trillion a year of interest payments. where are we going to get that? that all of the tax. >> you mentioned the creditors. who are the creditors? especially for the united states right now. >> some are other americans who own treasury and large insurance companies and banks in america who
FOX News
Nov 30, 2012 6:00pm PST
greece and spain. you talk about it all the time, it is so important we do that. even if we don't get rean elected it is so important -- reelected it is so important we do that we need all the leverage we got. >> sean: we are on our way to 20 trillion in debt. this is beyond fiscal cliff, this is a fiscal dive into i don't want to think where it can take us. >> some would say, if the dollar were not the international currency, we would have already been greece. >> sean: i brought up some ideas at the tkpweuplg of the program. i said okay, why don't we go for 200 billion in discretionary cuts to start, yes to entitlement reform, you agree? yes to serious tax reform? >> do i ever. when the president says fair share the perfect answer, flat tax. he has not made one pro bowsal that will have warren buffett paying the same as his secretary. it is called capital gains 15%. income tax is 15%. you make more, you pay more. you make less, you pay less. everybody pays their fair share. >> sean: same with value added tax after eliminating the fair tax is good, each one is progressive, the more yo
FOX News
Dec 1, 2012 7:30am PST
be like france, greece, and spain and not have one and get to the cliff-- >> a quick reminder, by the way, adam of the 16 trillion dollars of debt that currently is on the table for the united states. 6 billion of that debt, neil, has been put on the books under president obama's watch. >> 6 trillion. >> 6 trillion. we're talking about adding on to that. where is he he coming up with the numbers? which economist is he citing and where are the polls-- >> warren buffett said earlier in the week it's not about economics it's about making people feel good. -- let me stop a second. did you say where he does he pull these numbers out of. >> seriously, seriously. >> neil: i wanted to make sure i heard you correctly. talk about a pain in the gas. the price is record high this time of year and we're getting new proposals to hike gasoline prices to pay down the debt. where will it go. the gang from forbes is on that. that's at the top of the hour. forget having the in-laws over for dinner, more families are shacking up together. young, old and everyone in between and we know what it's doing to
PBS
Nov 30, 2012 4:00pm PST
observer state. unemployment has gone up with almost 12% of people out of work. crisis hit greece and spain edged with a quarter of the people jobless. in austria and germany, the unemployment rate is about 5%. it has been 164 days since julian assange seeked silence in ecuador. he is wanted for questioning in sweden over allegations of sexual assault, but the price tag has cost the taxpayer over $3 million. >> he is the man that shot to fame for selling state secrets when he website released confidential american cables. in 2010, to swedish women accused him of sex crimes. faced with extradition, he fled to the embassy saying the swedish authorities did not guaranteed not to send them to the u.s.. to promote a new book he has written, he speaks out. >> the swedish government refuses to behave in a way that is at all normal, rational, were reasonable. that is why i have been granted political asylum. >> they say he must face questioning. they are outside the embassy 24 hours a day, waiting to arrest him the moment he walked out. it has cost 21 million pounds and counting. he is report
FOX News
Dec 1, 2012 7:00am PST
underlying real problem, the growing deficit on the path to greece, the goal gets worse once we kick the can away. that will be the overriding probleming not the slowing economy not people spending money, but sure, that might not happen in the first two months, but it will eventually happen if we keep kicking down the can. we want to prove to the world that we have a solution and if it takes a few months to get there and higher taxes for a while, big deal, we will get there. that's got to be the plan not just the same nonsense. >> yeah, but larry, that's part of your point, but jonas says we're not in a bad recession, we're certainly not in a good recovery. and if we just keep falling little bit by little bit, maybe as much as jump off the cliff, but it's certainly a slippery slope. >> brenda, the damage is already being done. we saw it in november retail sales and companies delaying activity already and we know the ratings agencies are minutes away, we're right to fix the problem in the long run than making a bandaid short-term deal. it doesn't get recovery. >> we're going to get a band
MSNBC
Dec 1, 2012 11:00am PST
of greece and spain and others who basically don't have that check. this whole notion of unlimited credit card is just pure poppycock and it's something that only can be dreamed of as a fiscally responsible thing in washington, d.c. >> but, you know, you still have a process and procedure in terms of the budget where the president proposes a budget and congress is playing a much more significant role in that process. when the time at which the idea of, you know, approving the debt ceiling was when congress was playing less of a role in the budget process. congress is far more engaged in that process. so, i don't think this is about going the way of greece or spain as much as it is, you know, people like to hold on to as much power as long as they think they can. >> karen -- >> ken, take a listen to what tom cole said earlier this week on taxes. take a listen to this. >> in my view we all agree that we are not going to raise taxes on people who make less than $250,000. we should take them out of this discussion right now. >> did tom cole there, did he give speaker boehner more negot
MSNBC
Dec 1, 2012 12:00am PST
careful, here, plus the republicans constantly say we don't want to become like greece. what's driving off the fiscal cliff look like? it makes us look completely irresponsible as if we can't control our own spending and put in order some priorities. >> so some health care will be suffering? >> that's absolutely true. we want to incentive doctors ask hospitals to keep people well. not to just do procedures. and that's the key to really transforming medicare. >> i want to show you a map of the states that are refusing to implement the insurance exchanges. it's rather interesting. the other states are either implementing the exchanges or haven't decided to do that. if states don't decide to do it and the federal government comes in and sets up the exchange, isn't that kind of a win for the move towards universal health care because the infrastructure will be there? >> i think it provides people an option whether governors are refusing or not. that's the most important thing so they can get access to insurance products. also i think, you know, it takes away the claim that the federal governme
Current
Nov 30, 2012 5:00pm PST
to n.a.t.o. and greece and now professor at the harvard kennedy school, and michael ohanlon senior fellow at the brookings institution and coauthor of "bending history"." will we and should we recognize the opposition forces? >> i think the obama administration needs to make a big decision. do you confer recognition on national council as legitimate authority of the syrian people. the reason for doing this, they need to push assad out as quickly as possible. he's holding on, and if something doesn't change in this equilibrium he may hold on for months on end. this war could spread in lebanon, jordan, iraq, that's not in the interest of the united states. they need to reinforce this coalition. that's one reason. the other is one of self interest. it's likely that at some point assad is going to fall. this particular group or some element of it will take over as the government of syria. we should want to have influence there given the importance of syria, and the importance of syria to iran. because if we can separate a new syrian government from the iranians that would be a major st
CNBC
Nov 30, 2012 7:00pm EST
because greece was going to default and leave the euro. it's all over. europe's fine. just give it a break. that was last year's story. [ overlapping speakers ] >> europe is not fine. spain is in significantly worse position. they've taken on more debt into deteriorating economy. you tell me how that translates to this has all been fixed and this is all solved. it's not solved at all. [ overlapping speakers ] >> spain has about the same debt to gdp ratio as germany. that good enough for you? >> [ overlapping speakers ] >> hang on, fellows. let's not get hung up on spain. what i want to come back to is the usa. because our market has not collapsed, it's really different than it looks like it was back in 2011. i just want to ask, is it better to own those low-rate bonds right now? or jim la camp, i want you both to weigh in quickly. is it better to own corporate bonds or treasury bonds during this tiff over the fiscal cliff, or is it better to own stocks? real quick. >> well, short term we're going to have a lot of gyrations. but those yields are under the inflation rate. you're getting nega
CSPAN
Nov 30, 2012 10:30pm EST
1820's so should they help greece in the uprising against the turks? [laughter] that, by the way, is a very profound joke. if you are an empire that wants to make sure you play by the rules, it is always good to have a group that is discriminated against and they will go off to build an empire. it is very important. it just came to me with that? if you look out the rest of the democratic world, the spaniards, you name it, they're not exactly gung ho about putting their blood on the line when it comes to pursuing our values. the point, i guess, here is that you always have to have somebody who runs the show. there has to be one of very large power. usually it is anglo-saxon. we are now in a phase of american development with the power that has carried the burden over the last 60 years, as we all know, wants to lead from behind and is retracting from afghanistan, from iraq, and they're now exerting their power from afar and from above. drones above, boots on the ground. i fear if nobody takes on the responsibility of organizing and maintaining, it will not be in the of -- will not be i
Search Results 0 to 19 of about 20 (some duplicates have been removed)